News related to
Electric

Australia is moving to extend its domestic gas reservation scheme across liquefied natural gas projects and export arrangements, including volumes tied to existing contracts, sharpening a policy shift aimed at easing pressure on households, power generators and manufacturers exposed to volatile east coast gas prices. The draft design framework for the scheme requires LNG exporters to supply gas equal to 20 per cent of their export volumes […]

Greenlogue/AP UAE officials used the World Hydrogen Summit & Exhibition in Rotterdam to reinforce the country’s ambition to become a global hub for low-emission hydrogen, placing cross-border trade, common standards and industrial decarbonisation at the centre of its energy transition agenda. The Ministry of Energy and Infrastructure represented the UAE at the gathering in the Netherlands, where governments, technology developers, financiers and energy companies examined the commercial […]

Masdar has signed an agreement with China’s Sungrow to supply battery energy storage and photovoltaic inverter systems for Abu Dhabi’s round-the-clock renewable energy project, strengthening the supply chain behind one of the world’s most ambitious attempts to make solar power available as firm baseload electricity. The agreement covers 7.5 gigawatt-hours of Sungrow’s PowerTitan 3.0 battery energy storage systems and 2.6 gigawatts of PV inverter solutions. The equipment […]

British Columbia fusion developer General Fusion is weighing a Toronto Stock Exchange listing alongside its planned Nasdaq debut, a move that would give Canadian investors a direct public-market route into one of the most closely watched private energy technologies. Vancouver-headquartered General Fusion, backed over the years by investors linked to Jeff Bezos and Shopify founder Tobias Lütke, is preparing to go public through a business combination with […]

Cornell engineers have built a robotic collective that moves, reshapes and adapts without a central controller, marking a fresh advance in efforts to design machines whose behaviour emerges from physical interaction rather than software commands alone. Called the Cross-Link Collective, the system uses dozens of small robotic modules that are weak and inefficient on their own but capable of sustained group motion when they connect, disconnect and […]

Dubai Maritime City has opened Maritime Business Centre 2, an AED160 million commercial tower designed to add premium office capacity to DP World’s maritime, logistics and trade ecosystem at a time of sustained demand for Grade A workspace across the emirate. The new tower, located in the Commercial District of Dubai Maritime City, was completed in 20 months and had secured leasing commitments for 78 per cent […]

Hyundai Motor Group has committed to placing more than 25,000 Atlas humanoid robots across Hyundai Motor and Kia factories, setting up a major test of industrial automation as its South Korea labour union warns that no deployment can proceed without a formal labour-management agreement. The plan, outlined to investors this week, marks one of the most ambitious humanoid robot rollouts yet proposed by a global carmaker. The […]

Advertisements

Google and Blackstone have agreed to create a $5 billion TPU-powered cloud company, widening the battle for artificial intelligence infrastructure as enterprises seek alternatives to graphics processing units that dominate AI training and inference. The US-based venture will offer data centre capacity, operations, networking and Google Cloud’s Tensor Processing Units through a compute-as-a-service model. Blackstone is making the initial equity commitment, with the first 500 megawatts of […]

AMD has committed more than $10 billion to Taiwan’s semiconductor ecosystem, targeting advanced packaging and manufacturing capacity as demand for artificial intelligence infrastructure intensifies across global data centres.

The investment is designed to strengthen the chipmaker’s partnerships with foundries, packaging houses, substrate suppliers and server manufacturers that are central to its next generation of AI systems. The programme places Taiwan at the centre of AMD’s effort to scale production of high-performance processors, accelerators and rack-level systems built for increasingly complex AI workloads.

A major focus will be Elevated Fanout Bridge, or EFB, a 2.5D packaging technology intended to improve the speed and efficiency of connections between chip components. AMD plans to use the technology in its sixth-generation EPYC central processing units, codenamed “Venice”, which are being positioned for AI, cloud and high-performance computing deployments.

The move comes as AI infrastructure spending shifts from individual chips towards complete systems that combine CPUs, graphics processors, high-bandwidth memory, networking and software. Advanced packaging has become a critical bottleneck because AI workloads require large volumes of data to move quickly between processors while keeping power consumption and heat within manageable limits.

AMD Chair and Chief Executive Lisa Su said customers were rapidly expanding AI infrastructure to meet rising compute demand. The company is seeking to combine its high-performance computing portfolio with Taiwan’s manufacturing and packaging capabilities to support integrated, rack-scale AI systems.

AMD is working with partners including ASE, SPIL, Powertech Technology, Wiwynn, Wistron, Inventec, Unimicron, AIC, Nan Ya PCB and Kinsus. These companies cover key parts of the supply chain, from advanced packaging and substrates to server assembly and mechanical architecture. Sanmina is also involved in manufacturing support for the company’s Helios platform.

The investment will support both wafer-based and panel-based EFB interconnect development. AMD and Powertech Technology have qualified what they describe as the industry’s first 2.5D panel-based EFB interconnect, a step aimed at improving scalability and production economics for high-volume AI processors.

The technology is expected to help the “Venice” EPYC processors deliver higher interconnect bandwidth and better power efficiency. That matters because data centre operators are increasingly constrained by electricity availability, cooling capacity and rack density, not only by chip performance.

AMD has also begun ramping production of “Venice” CPUs using Taiwan Semiconductor Manufacturing Company’s 2-nanometre process technology in Taiwan. Future production is planned at TSMC’s Arizona facility, extending the supply chain beyond Taiwan while preserving the company’s close reliance on TSMC’s leading-edge manufacturing.

The “Venice” chips will be a central element of AMD’s Helios rack-scale platform, which also includes AMD Instinct MI450X graphics processors, advanced networking and the ROCm open software stack. The platform is scheduled for deployments beginning in the second half of 2026, with AMD describing the opportunity in terms of multi-gigawatt AI infrastructure rollouts.

The strategy puts AMD in a more direct contest with Nvidia, which dominates AI accelerator sales and has built a strong lead through its GPUs, networking, software ecosystem and full-rack systems. AMD’s challenge is not only to deliver competitive silicon but also to prove that it can scale complete AI infrastructure with dependable supply, efficient packaging and broad software support.

AMD’s data centre business has become the company’s main growth engine. First-quarter 2026 data centre revenue reached $5.8 billion, up 57 per cent from a year earlier, driven by demand for EPYC processors and the ramp-up of Instinct GPU shipments. That performance has strengthened investor expectations that AMD can capture a larger share of AI and cloud infrastructure spending.

Taiwan remains critical to that effort because of its concentration of semiconductor expertise. TSMC anchors the foundry side, while packaging, substrate and system-assembly partners provide the manufacturing depth needed to turn chip designs into deployable infrastructure. The concentration also creates geopolitical and supply-chain risks, particularly as governments and companies seek greater resilience across strategic technologies.

  • Significant reductions in energy consumption, CO₂ emissions, and operating costs for energy-intensive industries
  • Growing demand highlights strong market potential for sustainable heating technologies

NUREMBERG, GERMANY – Newsaktuell – 21 April 2026 – Innomotics, a globally leading supplier of electric motors and large drive systems, is advancing the decarbonization of industrial heat processes with its solutions for industrial heat pumps. By electrifying the heat process, companies can significantly improve energy efficiency, reduce emissions, and lower long-term operating costs.

ENECOReference_DSC8435.jpg

Industrial heating is one of the largest contributors to global energy consumption, with more than 70 percent of process heat still generated from fossil fuels. Industrial heat pumps offer a highly efficient alternative by upgrading ambient and waste heat to usable temperature levels of up to 150°C. This makes them a key technology for reducing CO₂ emissions and achieving global climate targets.

The electrification of heat processes is a critical step in industrial transformation. Heat pumps deliver thermal output several times higher than the electrical energy input, making them one of the most efficient technologies for converting electricity into heat. When powered by renewable energy, CO₂ emissions can be virtually eliminated.

Innomotics provides a comprehensive portfolio of high- and low-voltage motors as well as medium-voltage drives to ensure reliable and efficient operation of heat pump compressors. The systems are designed for maximum availability, enabling operation for up to five years without scheduled shutdowns, and can be seamlessly integrated into existing industrial processes.

In addition to environmental benefits, operators gain from significantly lower operating costs, reduced maintenance requirements, and system availability of up to 99.9 percent. Industrial heat pumps also enable new opportunities for waste heat recovery and integration into district heating networks.

A flagship example is the largest heat pump system in the Netherlands, where heat is recovered daily from 65 million liters of treated wastewater. With Innomotics solutions, the system supplies district heating to around 20,000 households, covers approximately 15 percent of regional heat demand, and reduces CO₂ emissions by about 30,000 tons annually.

“Industrial heat pumps are a key technology for the energy transition and energy addition. They enable efficient use of existing heat sources while significantly reducing emissions. With our drive solutions, we provide the foundation for a sustainable and economically viable heat supply in industry,” says Michael Reichle, CEO of Innomotics.

He adds, “Operators are under pressure to make their processes both more efficient and more sustainable. Our technologies offer a scalable and economically a very attractive solution that supports the transition to electrified, low-carbon industrial operations.”

Recently awarded industrial heat pumps projects

Innomotics supplies key drive technology for world’s largest industrial heat pump at BASF, Germany:
Innomotics GmbH has received a major order from Piller Blowers & Compressors GmbH to deliver 11 water-cooled HV M high-voltage motors and GH180HC medium-voltage converters. The systems will be deployed in the world’s most powerful industrial heat pump at BASF in Ludwigshafen.

Designed specifically for the requirements of PILLER and BASF, the Innomotics solutions combine compact design, high efficiency, and long-term reliability. The heat pump system will generate up to 500,000 tons of steam per year, while the water-cooled drive technology ensures low noise emissions and efficient, continuous operation.

Largest heat pump system in the Netherlands supplies 20k households with sustainable district heat
The Dutch energy company Eneco is pursuing climate neutrality by leveraging aquathermal energy from wastewater to supply district heating networks in Utrecht and Nieuwegein. At the core of the Netherlands’ largest heat pump system, advanced motor and drive solutions from Innomotics enable the recovery of heat from around 65 million liters of treated wastewater per day. This results in a highly efficient and sustainable solution: approximately 30,000 tons of CO₂ emissions are saved annually, around 20,000 households are supplied with district heating, about 15 percent of Utrecht’s heat demand is covered, and 27 MW of thermal energy is generated.

Innomotics powers wastewater-based district heating in Amiens, France:
With high-performance motor and drive solutions from Innomotics, Amiens Énergies is transforming treated wastewater into sustainable district heating. At the core of the system, 24 compact SD motors drive six large ammonia heat pumps, generating 18 MW of clean heat and supplying around 26,800 households.

By recovering thermal energy from 8.5 million m³ of wastewater annually, the solution reduces CO₂ emissions by approximately 41,000 tons per year while enabling a renewable energy share of over 70 percent. The robust and efficient Innomotics motors ensure reliable continuous operation under demanding industrial conditions, making the project a benchmark for climate-neutral urban heating.

Innomotics enables efficient industrial heat pump operation in Finland:
At a major industrial heat pump installation in Finland, Innomotics supplied advanced drive technology to increase overall plant efficiency in a connected paper mill.

Innomotics delivered a variable frequency drive for a centrifugal compressor, supporting a 6.1 MW motor (6.6 kV, 2-pole). The system recovers process heat and feeds it back into operations, improving efficiency while reducing energy consumption and emissions.

Additional Industrial Heat Pumps materials:
Our benefits and solutions for industrial heat pump technology
Explore the 3D visualization in our virtual world: Innomotics Electrosphere

For more information, visit https://www.innomotics.com/hub/en/applications/industrial-heat-pumps
Follow us on LinkedIn: www.linkedin.com/company/innomotics

For more information, visit www.innomotics.com.

Hashtag: #Innomotics

The issuer is solely responsible for the content of this announcement.

HONG KONG SAR – Media OutReach Newswire – 22 May 2026 – At the International Hydrogen Development Symposium 2026 today (May 18), nine pioneering companies from Korea, the Chinese Mainland, France, and Hong Kong – including Hyundai Motor Group – signed a landmark Memorandum of Understanding (MOU) on hydrogen ecosystem building, marking a major step toward advancing the city’s green economy.

At the International Hydrogen Development Symposium 2026 today (May 18), nine pioneering companies from Korea, the Chinese Mainland, France, and Hong Kong - including Hyundai Motor Group - signed a landmark Memorandum of Understanding on hydrogen ecosystem building, marking a major step toward advancing the city's green economy. Photo shows (from left) Senior Vice President (Sustainability) for Technology, Innovation and Entrepreneurship of Invest Hong Kong (InvestHK), Ms Olivia To; the Director-General of Investment Promotion of InvestHK, Ms Alpha Lau; Executive Vice President and Head of Energy & Hydrogen Policy Sub-Division at Hyundai Motor Group, Mr Seung Kyu-shin; Deputy Minister for Territorial and Urban Policy at Ministry of Land, Infrastructure and Transport of the Republic of Korea, Mr Jeong Eui-kyung; the Global Head of Financial Services, Fintech & Sustainability of InvestHK, Mr King Leung; and Senior Vice President, Transport, Logistics and Industrials of InvestHK, Ms Bonnie Ho, at the symposium.
At the International Hydrogen Development Symposium 2026 today (May 18), nine pioneering companies from Korea, the Chinese Mainland, France, and Hong Kong – including Hyundai Motor Group – signed a landmark Memorandum of Understanding on hydrogen ecosystem building, marking a major step toward advancing the city’s green economy. Photo shows (from left) Senior Vice President (Sustainability) for Technology, Innovation and Entrepreneurship of Invest Hong Kong (InvestHK), Ms Olivia To; the Director-General of Investment Promotion of InvestHK, Ms Alpha Lau; Executive Vice President and Head of Energy & Hydrogen Policy Sub-Division at Hyundai Motor Group, Mr Seung Kyu-shin; Deputy Minister for Territorial and Urban Policy at Ministry of Land, Infrastructure and Transport of the Republic of Korea, Mr Jeong Eui-kyung; the Global Head of Financial Services, Fintech & Sustainability of InvestHK, Mr King Leung; and Senior Vice President, Transport, Logistics and Industrials of InvestHK, Ms Bonnie Ho, at the symposium.

This multi-party signing was officiated by Deputy Minister for Territorial and Urban Policy at Ministry of Land, Infrastructure and Transport of the Republic of Korea, Mr Jeong Eui-kyung; the Acting Secretary for Environment and Ecology, Miss Diane Wong; the Director of Electrical and Mechanical Services, Mr Poon Kwok-ying; and the Director-General of Investment Promotion of Invest Hong Kong (InvestHK), Ms Alpha Lau.

At the International Hydrogen Development Symposium 2026 today (May 18), nine pioneering companies from Korea, the Chinese Mainland, France, and Hong Kong - including Hyundai Motor Group - signed a landmark Memorandum of Understanding on hydrogen ecosystem building, marking a major step toward advancing the city's green economy. Photo shows the Director-General of Investment Promotion of Invest Hong Kong, Ms Alpha Lau, delivering a speech.
At the International Hydrogen Development Symposium 2026 today (May 18), nine pioneering companies from Korea, the Chinese Mainland, France, and Hong Kong – including Hyundai Motor Group – signed a landmark Memorandum of Understanding on hydrogen ecosystem building, marking a major step toward advancing the city’s green economy. Photo shows the Director-General of Investment Promotion of Invest Hong Kong, Ms Alpha Lau, delivering a speech.

Spearheaded by Hyundai Motor Group, the MOU establishes a collaborative framework to build a comprehensive, self-sustaining hydrogen ecosystem in Hong Kong, targeted to be fully operational by the end of 2030. The collaboration will prioritise the development of waste-to-hydrogen technologies to convert landfill gas into clean energy, along with an immediate focus on piloting a liquefied hydrogen refuelling infrastructure. To enable full value chain integration, it also targets the deployment of customised hydrogen fuel cell commercial vehicles, including tour and airport shuttle buses.

Through facilitating public-private partnerships and inter-governmental collaboration, InvestHK is supporting Hyundai Motor Group and its partners to implement go-to-market strategies aligned with the shared vision for hydrogen ecosystem building.

This partnership will also position Hong Kong as a strategic base for Hyundai Motor Group’s hydrogen business expansion across the Asia-Pacific region.

Miss Wong said, “This collaboration marks a significant milestone in developing tangible, on-the-ground hydrogen applications to accelerate the green transition towards carbon neutrality. By combining Korea’s world-class technological capabilities with Hong Kong’s strategic urban context, Hong Kong could serve as an exceptional international demonstration platform for showcasing green and low-carbon technologies. If these cutting-edge innovations could be applied and scaled up successfully here, it will serve as a positive model and provide highly viable options for reference by modern cities worldwide.”

Ms Lau said, “Today’s multi-party signing is both a landmark moment for Hong Kong’s green economy and a clear signal that the city’s hydrogen ecosystem is gaining real traction. Over the past three years, InvestHK has helped leading hydrogen enterprises establish themselves in Hong Kong, several of which have since listed on the Hong Kong Stock Exchange, raising over $2.5 billion in total. For businesses with global green ambitions, Hong Kong is where business growth takes shape.”

At the International Hydrogen Development Symposium 2026 today (May 18), nine pioneering companies from Korea, the Chinese Mainland, France, and Hong Kong - including Hyundai Motor Group - signed a landmark Memorandum of Understanding on hydrogen ecosystem building, marking a major step toward advancing the city's green economy. Photo shows the Acting Secretary for Environment and Ecology, Miss Diane Wong, delivering a speech.
At the International Hydrogen Development Symposium 2026 today (May 18), nine pioneering companies from Korea, the Chinese Mainland, France, and Hong Kong – including Hyundai Motor Group – signed a landmark Memorandum of Understanding on hydrogen ecosystem building, marking a major step toward advancing the city’s green economy. Photo shows the Acting Secretary for Environment and Ecology, Miss Diane Wong, delivering a speech.

Executive Vice President and Head of Energy & Hydrogen Policy Sub-Division at Hyundai Motor Group, Mr Seung Kyu-shin, said, “This MOU was signed as Hyundai Motor Group’s commitment to advancing Hong Kong’s proactive hydrogen policies and driving the acceleration of its hydrogen ecosystem utilising the Group’s hydrogen business capability and experience. Starting with Hong Kong, we look forward to expanding our collaboration and business opportunities across the broader Asia-Pacific hydrogen market.”

At the International Hydrogen Development Symposium 2026 today (May 18), nine pioneering companies from Korea, the Chinese Mainland, France, and Hong Kong - including Hyundai Motor Group - signed a landmark Memorandum of Understanding on hydrogen ecosystem building, marking a major step toward advancing the city's green economy. Photo shows Deputy Minister for Territorial and Urban Policy at Ministry of Land, Infrastructure and Transport of the Republic of Korea, Mr Jeong Eui-kyung (back row, second right); the Acting Secretary for Environment and Ecology, Miss Diane Wong (back row, second left); the Director of Electrical and Mechanical Services, Mr Poon Kwok-ying (back row, first left); and the Director-General of Investment Promotion of Invest Hong Kong, Ms Alpha Lau (back row, first right), witnessing the signing.
At the International Hydrogen Development Symposium 2026 today (May 18), nine pioneering companies from Korea, the Chinese Mainland, France, and Hong Kong – including Hyundai Motor Group – signed a landmark Memorandum of Understanding on hydrogen ecosystem building, marking a major step toward advancing the city’s green economy. Photo shows Deputy Minister for Territorial and Urban Policy at Ministry of Land, Infrastructure and Transport of the Republic of Korea, Mr Jeong Eui-kyung (back row, second right); the Acting Secretary for Environment and Ecology, Miss Diane Wong (back row, second left); the Director of Electrical and Mechanical Services, Mr Poon Kwok-ying (back row, first left); and the Director-General of Investment Promotion of Invest Hong Kong, Ms Alpha Lau (back row, first right), witnessing the signing.

Partners entering into this MOU include Hyundai Motor Company and Hyundai Engineering & Construction from Hyundai Motor Group, China Inspection Co Ltd, Chun Wo Bus Services Limited, Chun Wo Construction & Engineering Company Limited, Jiangsu Guofu Hydrogen Energy Equipment Co Ltd, JEA ENG, Templewater Limited, the Hong Kong and China Gas Company Limited, and Veolia Hong Kong Holding Limited.

This multi-party, long-term collaboration is set to establish a robust, end-to-end hydrogen industry chain – spanning production, storage, transportation, refuelling and utilisation.

New energy is vital to Hong Kong’s Climate Action Plan 2050 and the national dual-carbon goals. As set out in the Chief Executive’s 2025 Policy Address, Hong Kong will establish public hydrogen filling facilities on Hong Kong Island and in Kowloon, press ahead with more hydrogen trial projects, and develop the GBA Hydrogen Corridor in collaboration with Guangdong Province. The Hong Kong Special Administrative Region Government is actively advancing hydrogen development through technological innovation, talent cultivation, ecosystem building, and regional co-ordination. To date, over 30 hydrogen trial projects have been greenlit, paving the way not only for decarbonisation targets, but also for unlocking new quality productive forces for green economic growth.
Hashtag: #InvestHK

The issuer is solely responsible for the content of this announcement.

About InvestHK

Invest Hong Kong (InvestHK) is the investment promotion agency of the Government of the Hong Kong Special Administrative Region (HKSAR).

UAE economic growth is expected to slip into a mild contraction in 2026 as the Iran war disrupts oil exports through the Strait of Hormuz, before staging a strong recovery in 2027 on higher crude and gas production, major energy projects and continued strength in non-oil sectors. The projected setback marks a sharp reversal for the Gulf’s second-largest economy, which has spent the past decade reducing its […]

France will add €710 million in targeted aid to help households and businesses absorb higher energy costs, as the war in Iran keeps fuel prices elevated and tests the government’s fiscal restraint. Budget Minister David Amiel said the new measures would lift total support for consumers and affected sectors to nearly €1.2 billion, while the government seeks to avoid broad tax cuts that would deepen pressure on […]

Mexico’s sovereign credit rating has been cut to the last rung of investment grade, placing fresh pressure on President Claudia Sheinbaum’s administration as investors weigh rising debt, sluggish growth and the continuing fiscal burden of Petróleos Mexicanos. Moody’s Ratings lowered Mexico’s long-term local and foreign-currency issuer and senior unsecured ratings to Baa3 from Baa2, while changing the outlook to stable from negative. The move leaves Latin America’s […]

Arabian Post Staff -Dubai Abu Dhabi’s push to build a new crude pipeline bypassing the Strait of Hormuz has reached the halfway mark, with ADNOC chief executive Sultan Al Jaber saying the project is being accelerated towards a 2027 launch as regional tensions continue to expose the vulnerability of Gulf energy routes. Al Jaber said the pipeline, intended to expand export capacity through Fujairah on the Gulf […]

Arabian Post Staff -Dubai Emirates has completed the first reconfiguration of a two-class Airbus A380, turning one of its high-density aircraft into a three-class jet as the Dubai carrier accelerates a $5 billion cabin renewal programme across its long-haul fleet. The upgraded aircraft, registered A6-EUX, has entered service on the Dubai-Birmingham route as EK39/40, carrying 76 business class seats, 56 premium economy seats and 437 economy class […]

JAKARTA, INDONESIA – Media OutReach Newswire – 20 May 2026 – Green SM, Indonesia’s first all-electric ride-hailing service, has partnered with the Traffic Corps of the Indonesian National Police (Korlantas Polri) to launch a large-scale driver safety and professional standards training program in Indonesia. The initiative begins with more than 300 driver partners and is expected to expand to approximately 7,000 participants nationwide this year.

Deny Tjia, Managing Director of Green SM Indonesia, with Dirkamsel Korlantas Polri Brigadier General Pol. Prianto, following the signing of a MoU at the opening of Green SM's driver safety training program at ISDC Serpong, May 18, 2026.
Deny Tjia, Managing Director of Green SM Indonesia, with Dirkamsel Korlantas Polri Brigadier General Pol. Prianto, following the signing of a MoU at the opening of Green SM’s driver safety training program at ISDC Serpong, May 18, 2026.

Held at the Indonesia Safety Driving Center (ISDC) in Serpong on May 18, 2026, the program provided participants with practical instruction in defensive driving, emergency response, professional driving ethics, and Indonesian traffic regulations. The initiative combines classroom learning with hands-on exercises conducted in a controlled training environment at one of Indonesia’s leading driving safety facilities. The program reflects Green SM’s long-term commitment to building a professional driver network while promoting safer mobility experiences and higher service standards for Indonesian communities.

Since its launch in Indonesia in December 2024, Green SM had already implemented regular internal training programs for driver partners, focusing on safe driving practices, real-world situation handling, customer service standards, and traffic law compliance. Through this partnership, Green SM aims to further strengthen and standardize its training initiatives while also contributing to broader road safety awareness across Indonesia.

As of April 2026, Green SM vehicles have traveled more than 109 million kilometers across Indonesia, contributing to the reduction of approximately 20.9 thousand tons of CO2 emisssions, equivalent to the annual carbon absorption capacity of more than 964 thousand trees. As the company continues to expand, Green SM remains focused on supporting driver capability development and service quality initiatives to support safer and more reliable mobility experiences. Safety remains one of Green SM’s core operational priorities, spanning driver training, service standards, and the overall customer journey across every ride.

Korlantas Polri, the national authority responsible for traffic management, law enforcement, and road safety education across Indonesia, is supporting the initiative as part of broader efforts to encourage safer and more disciplined driving practices nationwide.

This program marks an important first step in the collaboration between Green SM and Korlantas Polri. Both parties expect to explore additional initiatives in the future to promote responsible driving practices and contribute positively to Indonesia’s evolving transportation ecosystem.

Mr. Deny Tjia, Managing Director of Green SM Indonesia, shared: “Our driver partners represent Green SM in every journey they complete. Through this program, we aim to strengthen their practical driving skills, road safety awareness, and service professionalism, while continuing to elevate the overall customer experience across Indonesia. At Green SM, safety is not only an operational standard, but also a long-term commitment embedded in how we develop and deliver our services in Indonesia. We are honored to work with Korlantas Polri and hope this collaboration can create meaningful benefits for both our drivers and the wider community.”

Head of the Traffic Corps (Kakorlantas) of the Indonesian National Police, Inspector General Agus Suryonugroho, stated, “The training is part of an effort to promote road safety, security, order, and smooth traffic flow. This collaboration in enhancing driver capabilities is important as part of efforts to improve driver professionalism, as the driver aspect plays a crucial role. We hope this initiative can serve as a benchmark.”

Through this initiative, Green SM and Korlantas Polri aim to promote higher standards of responsibility and professionalism that benefit drivers, passengers, pedestrians, and the broader transportation ecosystem across Indonesia.

Hashtag: #GreenSM

The issuer is solely responsible for the content of this announcement.

About GSM & Green SM

GSM (Green and Smart Mobility) is a pioneering company in electric mobility, founded by Phạm Nhật Vượng. The company is building an integrated mobility ecosystem powered by VinFast electric vehicles, intelligent technology, and a professional operating network.

The GSM ecosystem currently consists of four core companies:

  • Green SM – GSM’s all-electric ride-hailing brand.
  • VinDT – the professional driver training and testing company.
  • VinBus – the electric bus operating company.
  • Green Future – the company providing electric vehicle rental solutions.

Green SM is GSM’s global all-electric ride-hailing brand, offering high-quality transportation services using a 100% electric fleet of cars and motorbikes. Combining smart technology with a professional driver network, Green SM delivers a mobility experience that is safe, reliable, and environmentally responsible.

Green SM currently operates in Vietnam, Laos, Indonesia, and the Philippines, advancing GSM’s mission to provide safe and dependable green journeys for everyone while helping shape a more sustainable future for urban transportation worldwide.

Greenlogue/AP Global building emissions rose again in 2024, underscoring how rapid urban expansion is outpacing efficiency gains and slowing the sector’s shift towards a net-zero pathway. Operational emissions from buildings increased 1 per cent to 9.9 gigatonnes of carbon dioxide last year, even as energy intensity improved across parts of the global building stock. The latest Global Status Report for Buildings and Construction 2025-2026, released on 19 […]

Gautam Adani has secured a major legal reprieve in the United States after federal prosecutors moved to drop criminal fraud charges tied to allegations that his group misled investors over a solar energy bribery scheme in India.

The decision marks a sharp turn in a case that had weighed on the Adani Group’s global ambitions since November 2024, when prosecutors in Brooklyn accused Adani, his nephew Sagar Adani and other executives of concealing alleged payments to officials in India to secure power supply contracts. The case had centred on claims that investors in US-linked bond offerings were misled about anti-bribery controls at Adani Green Energy.

Prosecutors have asked a federal judge in New York to dismiss the criminal charges, citing enforcement discretion and resource allocation. The dismissal still requires judicial approval, but the move effectively signals that the Justice Department no longer intends to pursue the securities fraud, wire fraud and conspiracy counts against Adani and the other defendants covered by the request.

Adani Group has consistently denied wrongdoing, describing the allegations as baseless. The conglomerate said the development vindicated its position that it had acted in compliance with applicable laws and governance standards. The group’s listed companies gained in Mumbai trading as investors assessed the legal relief and its implications for overseas borrowing, infrastructure partnerships and expansion plans.

The original indictment alleged that more than $250 million in bribes had been promised to officials in India to obtain solar energy contracts projected to generate substantial profits over two decades. Prosecutors had also alleged that Adani Green Energy raised capital from international investors while withholding information about the alleged scheme. Defence lawyers challenged the case on both evidentiary and jurisdictional grounds, arguing that the alleged conduct had insufficient connection to US markets and that key elements of the government’s theory were unsupported.

The Justice Department’s move follows a separate civil settlement with the US Securities and Exchange Commission involving Gautam Adani and Sagar Adani. The settlement was reached without admission or denial of wrongdoing and included monetary penalties and undertakings. A separate sanctions-related matter involving Adani Enterprises was also resolved through a civil settlement with the US Treasury Department over alleged purchases of fuel linked to Iran-origin supply chains.

The legal shift comes as Adani Group seeks to restore full access to global capital markets after a turbulent period that included short-seller allegations in 2023, regulatory scrutiny and questions from lenders and partners. The group has maintained that its balance sheet remains resilient, pointing to continued operations across ports, airports, electricity transmission, renewable energy, cement, logistics and data centres.

The criminal case had created reputational and commercial strain beyond the courtroom. Some international partners reviewed contracts, and projects outside India faced heightened scrutiny after the indictment. Kenya cancelled major deals linked to Adani entities, while other governments and financiers reassessed exposure to the group. The dropping of criminal charges could ease some of that pressure, although investors are likely to continue watching governance disclosures, leverage levels and regulatory filings.

Adani’s legal relief also intersects with broader US enforcement policy under President Donald Trump’s administration, which has shown a more selective approach toward certain foreign corruption and corporate cases inherited from the previous administration. The decision has prompted debate among legal specialists over whether the move reflects a reassessment of weak evidence, a shift in enforcement priorities, or the diplomatic and commercial weight of large cross-border investment plans.

For Adani, the immediate benefit is clear. The collapse of the criminal case removes the most serious legal threat facing the billionaire outside India and reduces the risk of travel restrictions, arrest proceedings or prolonged litigation in a US federal court. It may also strengthen the group’s ability to refinance debt and pursue infrastructure partnerships involving American investors and technology providers.

Arabian Post Staff -Dubai ADNOC Distribution and Americana Restaurants International PLC have agreed to open up to 200 quick-service restaurants across fuel and mobility sites in the UAE, Saudi Arabia and Egypt, deepening a push to turn service stations into broader dining, retail and convenience destinations. The strategic partnership announced on Tuesday will bring brands from Americana Restaurants’ portfolio into ADNOC Distribution locations, including standard service stations […]

Cambridge researchers have built a new class of light-emitting diode by electrically activating insulating nanoparticles, a breakthrough that could widen the path for sharper medical imaging, faster optical communications and more sensitive chemical detection. The advance centres on lanthanide-doped nanoparticles, materials long valued for their ability to emit unusually pure and stable light, especially in the second near-infrared range. That part of the spectrum is important because […]

Arabian Gulf Automobiles and Equipment has launched Deepal, Changan’s new energy vehicle brand, in Oman, bringing three range-extended electric SUVs to a market preparing for wider adoption of cleaner transport. The Muscat launch introduced the Deepal S05, S07 and G318, positioning the brand in a fast-growing segment between conventional petrol vehicles and fully battery-powered electric models. The line-up uses range-extended electric vehicle technology, allowing daily electric driving […]

By Nantoo Banerjee India’s continuous hesitancy to curb the retail oil consumption pattern despite a worldwide surge in fuel prices is inexplicable, if not unacceptable. The government, the biggest benefactor of large domestic fuel use by way of imposition of levies close to 50 percent of the retail oil prices, is not prepared to ration […]

The article India Needs To Curb Oil Consumption appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Mineral Resources will restart operations at its wholly owned Bald Hill lithium mine in Western Australia, moving to bring back production after an 18-month shutdown as stronger prices revive confidence across parts of the battery metals sector. The Perth-based diversified miner said site activity will begin ramping up in late May, with crushing and mining operations scheduled to start in June and first spodumene concentrate production expected […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA